Europe Sustainable Biopolymers Market to Witness Rapid Growth due to Increased Demand for Biodegradable Materials

The Europe sustainable biopolymers market has witnessed significant traction over the past few years owing to the increasing demand for biodegradable and eco-friendly materials across various end-use industries such as packaging, textiles, consumer goods, and automotive. Sustainable biopolymers are a type of bioplastics derived from renewable biomass sources such as corn starch, sugarcane, and microorganisms. They provide properties comparable to traditional plastics while ensuring minimal environmental footprint. The biopolymers are completely biodegradable and help reduce plastic waste. The growing environmental concerns and stringent regulations regarding single-use plastics have propelled the demand for sustainable alternatives like biopolymers.

The Global Europe sustainable biopolymers market is estimated to be valued at US$ 2.10 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024